Melbourne Business School, Melbourne, Victoria

200 Leicester St, Carlton VIC 3053
Estd 1954

Updated on - Mar 05th, 2021 | 01:25 PM By Vishag V H

Overview Content

Melbourne Business School (MBS) is one of the leading universities for business and analytics degrees in the world. It is a well-known institution for business studies and also provides insight into management, economics, finance, and entrepreneurship. The university is largely owned by the University of Melbourne and so offers a knowledgeable experience to its students and a healthy workplace to its graduate understudies.

When was Melbourne Business School Established?

Melbourne Business School was established in 1955 under the university of Melbourne. The university awarded the first Master of Business Administration [MBA] degree in 1965. It was the first Business school to award an MBA graduate degree.

Where is Melbourne Business School?

Melbourne Business School (MBS) is located in the Melbourne suburb of Carlton which is a walking distance of Melbourne’s Central Business District.

Melbourne Business School Accreditation

The MBS was awarded accreditation by the Association to Advance Collegiate Schools of Business (AACSB) which is a global non-profit organization for business studies and also management education. The university was also recognized by the EFMD (EQUIS) for its research and degree courses.

Education at Melbourne Business School

Melbourne Business School has been known mainly for its business education including economics and analytics. The university specializes in master’s and doctorate courses and many other education pathway programs. The MBS provides world-class business teaching and thus known for its executive education.

Melbourne Business School Highlights

The MBS is well-known for its business education and also provides world-class education to its students. Apart from this, the school gives the ultimate student experience that attracts more candidates. The highlights of the university include:

University Type Private
Programs Offered MBA, Masters in Business Analytics and Short Courses, Doctoral Degrees
Scores accepted GMAT, IELTS, TOEFL
Academic Calendar Semester Based
Tuition Fee (AUD) 55,000-89,500
Financial Aid Scholarships Available

Why Choose Melbourne Business School?

Melbourne Business Education is ranked as #1 for its business studies in Australia. The university enrolls a large number of international students as it is the only Business university in Australia to provide a Master of Business Administration (MBA) as a full-time degree. Some other reasons to opt for Melbourne include:

  • The Melbourne Business School placements thus help their students to stand out from the crowd and become one of the best CEOs in the world.
  • The university is best known for its graduate courses and offers around 30 best MBA programs for its international students.
  • The MBA program at the Melbourne Business School is cited as the best one, not only in Australia but also in the whole world.
  • Melbourne is a beautiful location and as the university is situated in the heart of Melbourne, it provides a comfortable and interesting learning experience to its students.
  • The MBA programs are designed to fit every individual’s requirement and so can recognize according to their specialization and area of study.
  • The university promotes diversity and so enrolls all kinds of students that enables a multicultural environment around the campus. This surrounding helps the students to enhance their overall personality.
  • The Business School placement interviews prepare its students to face the challenges and become the best CEOs of Multinational Companies with an average salary of $162,000.
  • The MBS homes many notable alumni including Brent Chapman, Ahmed Fahour, Christine Kilpatrick, Margaret Jackson, Katie Lahey, Michael Phelan, Bill Shorten, Ross Oakley, and many more.

Faculties and Departments at Melbourne Business School

The faculty of the university is their primary body of education that comprises schools, colleges, and research centers. It has one of the highly regarded and qualified staff. The faculty trains their students to be the best and be visible in a room full of people. Its the caliber of the faculty that makes MBS the best university in the world. The faculty at Melbourne Business School include:

  1. Faculty of Business Studies
  2. Faculty of Management
  3. Faculty of Economics
  4. Faculty of Marketing
  5. Faculty of Business Operations and Analytics
  6. Faculty of Accounting
  7. Faculty of Business Strategy and Sustainability
  8. Faculty of Statistics
  9. Faculty of Finance

Financial Aid and Scholarships at Melbourne Business School

The University has The University Financial Aid Team for the students who face extreme financial issues. There are various loans and grants available that act as a great support to the graduates as well as the newly-admitted. These scholarships are generally provided to a scholar or high-achieving students who excel in their academics. MBS offers a variety of scholarships to its international students depending on the course of study. These loans and grants include:

  • MBS Scholarships
  • Rupert Murdoch Fellowship
  • Wayne Patten Scholarship
  • Clemmenger BBDO Scholarship
  • Diversity Excellence Scholarship
  • Dean’s Scholarship for Women and Management
  • BP Australian Scholarship in Business Analytics
  • Master of Business Administration Scholarships

Student Services

Melbourne Business School is considered the top university for business education. The Student Services and Amenities Fee is a compulsory fee that the students have to pay in order to enjoy the services offered by the university. It offers the most comprehensive support to its students through various organizations formed in the university itself:

Melbourne Business School Accommodation Student IT and eLearning Support
Student Print, Copy, and Scan Services University Library
Open Computing Spaces Virtual Lab
Equipped laboratories Research Centers
200 Clubs and Associations APSIC and CBA centers

University Stats

Student Population at Melbourne Business School

The city of Melbourne and the campus of MBS has attracted students not only from Australia but all around the world. The students take admission especially for the full-time MBA course, the university provides. Following is the student population data at Melbourne Business School:

  • Total Students: 690
  • International Students: 248

Melbourne Business School Ranking

Melbourne Business School is known for giving world-class experience to its students through professional faculties and smaller classrooms. The school provides challenging courses to its students and prepares them for upcoming difficulties. Thus the university has secured rankings by renowned organizations. These rankings are as follows:

The Melbourne Business School has an MBA ranking of #1 in Australia.

World Rankings Organizations
26th QS World University Rankings 2020
31st The Times Higher Education 2020
26th US News World Report 2019
1st for MBA program QS University Subject Rankings 2020

Male-Female Ratio

63:37

International Students

248

Total Enrolment

690


Admission Details

How can I get into Melbourne Business School?

Melbourne Business School comes under the University of Melbourne but has a slightly different admission procedure, especially for its MBA course. The school has an MBA acceptance rate of 37%. The admission requirements for international students and domestic students are the same. The following eligibility criteria should be considered while seeking admission at MBS:

  • The school follows a semester pattern and is open to domestic, international, and online admissions during the fall or spring seasons
  • The students willing to take admission here must have a GPA score of at least 3.5 or higher and the students willing to seek admission in business programs also have to submit their GMAT or GRE scores. Minimum GMAT eligibility is 310 and GRE 695 is required.
  • The students can apply through the Online application available on the official college website.
  • If the students have any work experience, it should be mentioned in their CV or resume.
  • The students should have an IELTS score of a minimum of 7.0 and a TOEFL score of 102

The following documents are required for seeking admission to Melbourne Business School:

  1. A complete application form
  2. A copy of academic records and undergraduate or graduate transcripts
  3. English Proficiency Test results
  4. IELTS, GMAT, and GRE test scores
  5. Understatement of the candidate
  6. Visa and Passport for international students
  7. Resume or CV (optional)

Acceptance Rate

Minimum Score
TOEFL Requirements

Min. 79


Minimum Score
IELTS Requirements

Min. 6.5


Application Website


Accepts Direct Application

yes


Total Applications

-


Average Tuition Fees

Melbourne Business School is known for its business studies and so attracts many international and local students. Thus the students should know the fee structure to seek admission here. Following is the fee structure at MBS:

  • The average tuition fees are $55,000 - 85,000
  • The full-time MBA program costs around $85,470
Degree Type Tuition Fees
Diploma -
Undergraduate -
Post Graduate $55,000

Application Details

The students at Melbourne Business School should take admissions by filling an online application form from the official school website. These applications have to be submitted in a semester pattern and have certain deadlines. These applications do not have any particular fee and so give equal opportunities to all the students to take admissions here.

Rounds Deadlines
Round 1 August 31
Round 2 November 30
Round 3 April 30
Round 4 May 31
Events Dates
Applcation Start Date
2019-08-31
Application End Date
2019-11-30
Application Deadline
2020-04-30

Other Fees

What is the Average Annual cost to attend at MBS

The average annual cost to attend Melbourne Business School includes the accommodation costs and also traveling, books and supplies, phone, food, and many other things. These other expenses help the students to understand the school well. These include:

Type of Expenses Costs
Accommodation $19,000 - $38,000
Food and Groceries $4,000 - $7,000
Phone bills $60 - $80
Transportation $40
Miscellaneous $1,000
Average Annual Tuition Fees
$55,000
Average Accommodation
$19,000
Application Fees

Courses Fees

The Melbourne Business School is a well-known institution for business education and so has a different fee structure as compared to the other schools and universities. The fee catalog of the school based on the courses is listed below:

Program Cost
Full-time MBA $89,500
Executive education in MBA $103,500
Master’s in Business Analytics $55000
Master in International Business $71,373

Master Courses:

Master of Business Administration [M.B.A]

Course Fees: $34010


Master of Management [M.Mgmt]

Course Fees: $31618


View All Courses


Contact Information

For further admission-related queries contact +61-3-9349-8400 or email the university at [email protected] or a candidate can visit 200 Leicester St, Carlton VIC 3053.

Melbourne, Victoria

Location

+61-3-9349-8400

Contact No

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